FIRST REGULAR SESSION
93RD GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVE SALVA.
Read 1st time March 31, 2005 and copies ordered printed.
STEPHEN S. DAVIS, Chief Clerk
AN ACT
To amend chapter 383, RSMo, by adding thereto one new section relating to medical malpractice insurance for long-term care facilities.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Chapter 383, RSMo, is amended by adding thereto one new section, to be known as section 383.501, to read as follows:
383.501. 1. Beginning January 1, 2005, any long-term care facility licensed under chapter 198, RSMo, as a condition of such licensure provide at least annually to the department of health and senior services satisfactory evidence of a medical malpractice insurance policy of at least five hundred thousand dollars.
2. The provisions of this section shall not apply to long-term care facilities owned by a not-for-profit organization or a public nursing home district, or to long-term care facilities with thirty or fewer beds and owned by a person, sole proprietorship, partnership, or corporation that engages solely in the business of ownership of a long-term care facility and has no other financial or ownership interest in any facility licensed under chapter 198, RSMo. Such exception to the requirements of subsection 1 of this section shall not apply to any person, sole proprietorship, partnership, or corporation with any affiliate or subsidiary with any ownership interest in any facility licensed under chapter 198, RSMo.